To understand the term used in study, here was the definition of terms:

Academic Performance – Is the measurement of student achievement across various academic subject. It refers to the final grade of students.

Allowance – A current medium of exchange in the form coins and banknotes. An amount of money that daily needed of a student.

Budget – A plan used to decide the amount of money that can be spent and how it will be spent. A student how to spend their money in daily needs.

Budgeting Skills – The ability of an individual to adopt a proactive approach towards managing his own money is. On how to budget the student their daily allowance.

Expenditure – An amount of money spent. The spending of money in academic purposes.

Expenses – The cost required for something; the money spent on something. Planned expenses made by student in response to their daily life.

Financial – relating to money. A student financial in budgeting.

Planning – The process of making plans for something. A planning to budget their money in academic purposes or daily needs.

Scarce – very small amount or number. Amount of allowance that given to student.

Students – Refers to the student that lack of knowledge about budgeting. A student who is

studying at a school or college.